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7. The value of a laptop was $600 on 1st March 2013. Every four months, the value of the television decreased by 8% of its value at the start of that four months. What was the val the television on 1st March 2014?

7. The value of a laptop was $600 on 1st March 2013. Every four months, the value of the television decreased by 8% of its value at the start of that four months. What was the val the television on 1st March 2014?

Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter13: Sequences And Series
Section13.FOM: Focus On Modeling: Modeling With Recursive Sequences
Problem 5P
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No service *| O: (48 || 18:45 FINAL EXAM-CO.. EMILIO AGUINALDO COLLEGE BUSINESS MATHEMATICS FINAL EXAMINATION 1. Yuji leaves Php200,000 in a bank for two years. It earns compound interest of 2% per year Calculate the total amount Yuji has in the bank at the end of the two years. 2. A lot was brought for $18,000. Its value depreciated by 20% each year for the first 2 years. was its value at the end of the two years? 3. $5,000 is invested at 2.8% compound interest per annum. How many years will it take for Cast investment to exceed $7,000. 4. Gojo bought a motorcycle for $2200. In each year the value of the piano increases by 12% value at the start of that year. 5. A sum of $50,000 is borrowed and the rate of interest is 10% per annum. What is the com interest for 5 years? 1- PRT |10 6. Find compound interest on Rs. 8,000 at 15% per annum for 2 years 4 months, compounde annually E BADA 7. The value of a laptop was $600 on 1st March 2013. Every four months, the value of the television decreased by 8% of its value at the start of that four months. What was the valu the television on 1st March 2014?
Transcribed Image Text:No service *| O: (48 || 18:45 FINAL EXAM-CO.. EMILIO AGUINALDO COLLEGE BUSINESS MATHEMATICS FINAL EXAMINATION 1. Yuji leaves Php200,000 in a bank for two years. It earns compound interest of 2% per year Calculate the total amount Yuji has in the bank at the end of the two years. 2. A lot was brought for $18,000. Its value depreciated by 20% each year for the first 2 years. was its value at the end of the two years? 3. $5,000 is invested at 2.8% compound interest per annum. How many years will it take for Cast investment to exceed $7,000. 4. Gojo bought a motorcycle for $2200. In each year the value of the piano increases by 12% value at the start of that year. 5. A sum of $50,000 is borrowed and the rate of interest is 10% per annum. What is the com interest for 5 years? 1- PRT |10 6. Find compound interest on Rs. 8,000 at 15% per annum for 2 years 4 months, compounde annually E BADA 7. The value of a laptop was $600 on 1st March 2013. Every four months, the value of the television decreased by 8% of its value at the start of that four months. What was the valu the television on 1st March 2014?
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